SHANGHAI, July 2, 2024 /PRNewswire/ -- Deepfake technology, an artificial intelligence tool capable of generating convincingly fake audio and video, is increasingly being used to perpetrate financial crimes worldwide, raising serious concerns about sophisticated fraud.In a notable incident reported by CNN earlier this year, a finance worker was tricked into transferring $25 million during a video call with an individual posing as the company's chief financial officer (CFO), who was actually a deepfake. Such ...

Core Insights - FinVolution Group has been awarded the "Best Consumer Lending Technology Implementation in China" at the Asian Banker China Awards 2024, recognizing its innovative technology in the financial sector [1] - The awards process was rigorous, with over 400 entries from more than 160 institutions, highlighting the competitive nature of the fintech industry in China [1] - The collaboration with CITIC Consumer Finance has significantly enhanced digitalization, efficiency, and risk management, leading to improved business scale and risk indicators [2] Company Overview - FinVolution Group, founded in 2007 and listed on the NYSE in 2017, is a leading fintech company that connects millions of consumers and small enterprises with financial institutions [3] - The company has served 102 licensed financial institutions by the first quarter of 2024, including banks and consumer finance companies, showcasing its extensive network [2] - FinVolution has pioneered technologies in credit risk assessment, fraud detection, big data, and artificial intelligence, establishing a strong presence in pan-Asian markets [3]

SHANGHAI, June 20, 2024 /PRNewswire/ -- FinVolution Group ("FinVolution," or the "Company") (NYSE: FINV), a leading fintech platform, today announced that its Philippines financial subsidiaries Wefund Lending Corporation and Lightning Financing Company entered into a loan facilitation agreement totaling 2.75 billion Peso (US$47.5 million) with Maya Bank, a pioneering digital bank dedicated to empowering the experience of its consumers and enterprise clients, and improve credit accessibility for the unbanked ...

imtmphoto/iStock via Getty Images Elevator Pitch I have a Hold rating for FinVolution Group (NYSE:FINV) stock. My earlier November 23, 2023 write-up was focused on the review of FinVolution's financial results for the third quarter of last year. The current update highlights the risks associated with FINV's 2024 performance, and the stock's shareholder capital return outlook. I continue to assign a Hold rating to FinVolution. The stock's potential FY 2024 shareholder yield at the teens percentage level ...

交银国际研究 公司更新 收盘价 目标价 潜在涨幅 美元 5.16 美元 6.30 +22.1% 金融科技 2024 年 5 月 16 日 信也科技 (FINV US) 盈利环比企稳， Take rate 呈回升势头 盈利环比企稳。信也科技1Q24归母净利润为5.28亿元（人民币，下同）， 同比下降 24.2%，环比增长 0.6%，基本符合预期。同比看，净收入同比增 长 3.8%，但拨备费用同比增长 13%（去年同期有 1.8 亿回拨），使得盈利 同比降幅较大；环比看，净收入环比下降 1.8%，主要由于促成贷款环比 下降 7.8%，但管理费用和营销费用环比下降，税前利润环比增长 13.6%， 由于 4Q23 所得税率受一次性因素影响偏低，盈利环比略增 0.6%。 公司维持促成贷款增速的全年指引。1Q24 促成贷款同比增长 11%，其中 內地/国际市场同比分别增长 10%/40%，贷款余额同比增长 4.9%。国际业 务占促成贷款的 4.6%，同比提高 1 个百分点，占收入比重为 18.8%，同比 提高 4 个百分点。菲律宾市场业务增长强劲，促成贷款同比+194%/环比 +27%，占国际业务比重达25%。公司仍维持 ...

FinVolution Group (NYSE:FINV) Q1 2024 Earnings Conference Call May 15, 2024 8:30 PM ET Company Participants Jimmy Tan - Head of Investor Relations Tiezheng Li - Vice Chairman, President and Chief Executive Officer Jiayuan Xu - Chief Financial Officer Conference Call Participants Yada Li - CICC Thomas Chong - Jefferies Alex Ye - UBS Hannah Han - Nomura Operator Ladies and gentlemen, hello and thank you for participating in the First Quarter 2024 Earnings Conference Call for FinVolution Group. At this time, a ...

FinVolution Group Investor Presentation ...

-First Quarter China Transaction Volume reached RMB46.1 billion, up 10.3% year-over-year--First Quarter International Transaction Volume reached RMB2.21 billion, up 40.8% year-over-year--First Quarter International Revenues increased to RMB594.8 million, up 32.9% year-over-year and contributing 18.8% of total net revenues-SHANGHAI, May 15, 2024 /PRNewswire/ -- FinVolution Group ("FinVolution" or the "Company") (NYSE: FINV), a leading fintech platform, today announced its unaudited financial results for the ...

-Earnings Call Scheduled for 8:30 p.m. ET on May 15, 2024-SHANGHAI, May 8, 2024 /PRNewswire/ -- FinVolution Group ("FinVolution", or the "Company") (NYSE: FINV), a leading fintech platform, today announced that it will report its first quarter 2024 unaudited financial results, on Wednesday, May 15, 2024, after the close of U.S. markets.The Company's management will host an earnings conference call at 8:30 PM U.S. Eastern Time on May 15, 2024 (8:30 AM Beijing/Hong Kong Time on May 16, 2024).Dial-in details f ...

SHANGHAI, April 25, 2024 /PRNewswire/ -- FinVolution Group ("FinVolution," or the "Company") (NYSE: FINV), a leading fintech platform, today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the Securities and Exchange Commission (the "SEC") on April 25, 2024.  The annual report on Form 20-F can be accessed on the SEC's website at http://www.sec.gov and on the Company's investor relations website at http://ir.finvgroup.com. The Company will also prov ...